Where Are the Profits in 2006?
The New Year brings with it the end of the era of easy money in banking. By this we mean that some of the foundations of revenue growth and profitability…
The New Year brings with it the end of the era of easy money in banking. By this we mean that some of the foundations of revenue growth and profitability…
Our last newsletter discussed a phenomenon that we see impacting commercial banking, wealth management, and other areas within banks: account misalignment. Account misalignment occurs when bankers spend significant time managing…
In past months, we have worked with banks, large and small, in the U.S., Europe, Asia, and Africa. When we assess our clients’ portfolios, no matter their geography or size,…
October’s Harvard Business Review highlights an organizational issue that impacts a number of our clients. The article, an outgrowth of a Booz Allen Hamilton survey of 30,000 individuals, states…
In our last newsletter, we discussed some of the key messages arising from the Equipment Leasing and Finance Foundation’s State of the Industry Report and its potential implications for the…
For the past several years, FIC has worked with the Equipment Leasing and Finance Foundation (ELFF) to prepare its annual State of the Industry Report. Based on surveys of more…
Organizational and cultural silos continue to exist within most financial services players. Silos sap energy and distract employees from serving customers and combating competitors; instead, they lead to a focus…
Last Friday, the Financial Times began a four-part series titled “Mastering Risk,” dealing with issues related to strategic, financial, and operational risk management. The lead-off article of the series (“A…
Each summer, the Financial Times presents a 20-day “Summer School” consisting of daily articles dissecting and discussing key business issues. Last month, one essay focused on the topic of…
In recent weeks, we have had several client discussions around the issue of whether separate dedicated groups should be formed to focus on specific market opportunities; for example: – …